Ho Chi Minh Times

Thursday, Dec 26, 2024

NVIDIA Acquires Vietnamese AI Start-up VinBrain

Tech giant strengthens ties with Việt Nam through AI development centers and acquisition.
NVIDIA, the American technology leader, has announced its acquisition of VinBrain, a start-up under Vingroup specializing in AI-powered medical solutions. This move comes shortly after NVIDIA’s agreement with the Vietnamese Government to establish two AI research and data centers, signed on December 5.

VinBrain, which has deployed AI tools in 182 hospitals globally, is set to become a leading design center under NVIDIA's vision. Jensen Huang, CEO of NVIDIA, praised the collaboration, highlighting its potential to advance Việt Nam’s AI capabilities. Financial details of the acquisition remain undisclosed, but Vingroup, which owned nearly 50 percent of VinBrain, had invested nearly $5 million into the start-up.

The new AI centers and VinBrain’s integration mark a significant step in enhancing Việt Nam’s technological landscape, as NVIDIA aims to contribute to the country’s innovation and global competitiveness.

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